Not quite
We’ve always been interested in town houses and are still thinking of dedicating a Japan Times column to them. Town houses were briefly popular in the late 70s and early 80s. Japan has always had an indigenous town house, called nagaya or machiya depending on which part of the country you’re in, but the structures called “town houses” in English (sometimes “terrace houses”) were more like their Western cognates: two-story structures with walls adjoining their neighbors. In urban environments town houses offer more effective utilization of land than normal detached houses while providing a similar level of creature comfort. However, once land prices skyrocketed in the mid-80s town houses were considered economically inefficient, even in the suburbs, which is where you normally found them anyway. Everybody started building condos with boxy floor plans in order to get as much cash out of a block of air as possible. Every so often we come across an old town house on sale and check it out, but because of their relative scarcity they tend to be overpriced. Of course, “overpriced” is all a matter of perception. Because town houses are relatively unusual, owners think that makes them more valuable, but they’re still old and always need a lot of work, as much as a detached house of the same vintage does if it hasn’t been renovated (and usually they haven’t been). A few weeks ago, as a matter of fact, we were amused to see a listing in which town houses were qualified as being “popular.” They aren’t, at least not in the general definition of the word. They are simply “rare,” which means it’s assumed some people will pay a bit more to have one. Read More